Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Clene Inc. (NASDAQ:CLNN)
Long-Term Downtrend (-90) - CLNN is in a strong downtrend that is likely to continue. While CLNN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CLNN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CLNN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CLNN
The long-term trend has been DOWN since Sep 23rd, 2021 at 7.000
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 7.395
The short-term trend has been DOWN since Oct 7th, 2021 at 6.680
Smart Scan Analysis for CLNN
Based on our trend formula, CLNN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17.82||52wk High Date||2021-07-13|
|52wk Low||5.8132||52wk Low Date||2021-10-18|
|Average Volume||160,857||Shares Outstanding||61,492|